Tag Archives: Michal Kalecki

Business confidence is a big deal for the news editors… particularly when it slumps. This is because – it is widely believed – a fall in business confidence reflects an economic slowdown at best or, worse still, the onset of a new recession. With this in mind, the latest round …

Every 40 year or so, it falls to the mass of the population, led by a politicised youth, to deliver a knockout blow to the prevailing economic/political consensus. The affluent (neo)liberal classes are inevitably horrified when this happens, since it rocks the foundations of their comfortable way of life. The …